In a 780-page report, the VA outlined its plan to close the hospital campus and spend about $150 million on a new community-based outpatient clinic in Hot Springs. The report also contained plans to build a multispecialty outpatient clinic and a residential rehabilitation center in Rapid City, S.D., which is about 60 miles from Hot Springs.
Under the VA’s proposal, most existing medical services offered at the Hot Springs hospital campus would end within two years of adoption of the plan.
The plan calls for cutting about 290 full-time jobs from the Hot Springs VA workforce.
More articles on healthcare finance:
Wellmont sees operating income jump 38% as investments in outpatient sites pay off
Healthcare spending continues to rise as use of services falls: 6 things to know
Universal Health Services profit jumps 81.5% despite charity care growth
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
